Swedish newspaper says that regulators have halted trading in Global Gaming and that an investigation into insider trading has been launched.
Events surrounding The Pirate Bay acquisition by Global Gaming has moved from comical to gravely serious as a Swedish stock exchange accuses company of "providing false information."
Magnus Bergman has filed documents to end his affiliation with Global Gaming Factory X, the company attempting to acquire The Pirate Bay.
With his company under intense scrutiny, Global Gaming CEO Hans Pandeya still refuses to name the people who will bankroll his acquisition of The Pirate Bay to anyone but an LA Times reporter.
A week before Global Gaming announced it would acquire Pirate Bay, the company's stock shot up. Swedish authorities want to know why.
Hans Pandeya, the controversial Swedish businessman who attempted to acquire The Pirate Bay last year, buys small printing company.
Just as the press began eying Global Gaming Factory with suspicion, it came up with funding, a potential record deal and potential buyers. How much of that was real?
Financial questions about the company bidding for the BitTorrent tracker, as well as its CEO, cast doubt on whether a revamped Pirate Bay will launch anytime soon.
The Pirate Bay may be breathing its last breath, but the site revered by file-sharers and reviled by copyright owners has likely given birth to numerous progeny.
Global Gaming Factory X says its deal to acquire The Pirate Bay will go through, but nothing about this deal seems certain.